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JAIPRAKASH POWER VENTURES
LIMITED (JPVL)
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| Projects: |
| Jaiprakash Power Ventures
Limited (JPVL), a subsidiary of Jaiprakash Industries Ltd. (JIL) is
implementing Vishnuprayag Hydro-Electric project, a run of the river scheme
located across river Alaknanda in district Chamoli of Uttranchal on Build,
Own and Operate basis. The project, utilising the water of river Alaknanda,
shall have an underground power station with an installed capacity of 400 MW
(4x100 MW). The work on project is progressing satisfactorily and the
project is scheduled to be commissioned in 2006. PPA for the sale and
purchase of power to be generated by the project is in place. 12% free power
shall go to Uttaranchal and balance power shall be taken by UPPCL.
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| |
| Completion Cost and
Funding of the Project: |
| The project
completion cost as appraised by ICICI Bank Ltd. (ICICI), the Lead
Institution is Rs. 1901.12 crores including margin money (Rs. 19.61 crores).
The financing of the project based on Debt-Equity ratio of 70:30, is as
under: |
| |
(Rs. inCrores) |
| Euqity |
570.37 |
| Rupee Term Loans/NCDs |
1181.50 |
| Foreign Currency Loans (US$ 30.82
million) equivalent to |
149.28 |
| Total |
1901.12 |
| Saleable Energy : |
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|
|
1795.11million units |
- Saleable Secondary Energy
|
175.68 million units |